Youngman exits Saab purchase talks
• Saab employees: Help us, Obama!
Swedish business daily Dagens Industri said Wednesday that Chinese automobile company Youngman had quit the negotiation on purchasing the Swedish car maker Saab with its bankruptcy administrators.
Saab’s bankruptcy administrators were not sure if the bid would be ratified by the Chinese government, and their lack of confidence lead to the end of Youngman’s negotiation, according to a source.
Last Updated (Thursday, 24 May 2012 04:36)
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